Utilize financial analysis and market research to make informed investment decisions.

Kisaki, you want to utilize a hard money or Bridgemount product to acquire the property and finance the renovation budget.

However, I’m unsure about the utility of having two paid-off rentals 25 years from now.

Write a book about it, utilize paid internet ads to drive book sales, follow on with YouTube videos, webinars, blog casts, on line tutorials, and sell a few one on one coaching sessions.4.

Having family with trades is a huge benefit, even if they don't do the work, utilize them as a resource. 1.

@Jennifer Fernéz I run a property management company in Winston-Salem, NC (shameless plug: North Star Properties) which utilizes Buildium.

You must be able to verify you live somewhere else (utility bill, lease, updated ID etc..) 

However, I’d like to have a space of my own before living with others again (I plan to house hack again with my next property).I’m seeking advice on how to move forward, as I need to consider things like utilities, taxes, landlord/umbrella insurance, and managing the property, especially with someone renting my garage.Specifically, I’m curious about renting out individual rooms and living on my own for a little while.

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

If you are prepared for the costs involved and the modifications needed to the property to make the basement unit conform, the pay off of creating an extra rent producing unit is huge.